Exchange Invest Issue 1020: JUNE 21 2017

Lots of expansionism across the globe with a mega prop trading merger as Gedon’s eponymous empire scoops up Kent’s OSTC combine.

Clearly the Indy 500 looks unlikely to see a lot of US equity settlement folk at the Brickyard Sunday, May 26th but so far no full course yellows for the US, Canada, Mexico T+1 from T+2 tango when the markets reopen after Memorial Day on May 28th.

Swap Connect enhancements to mark its first anniversary presage the great leap forward to the RMB ETD yield curve on HKEX. Oz Parl feedback on ASX serial failure which resulted in the festering CHESS mess makes for some gruesome reading and JPX seeks to split its stock.

The sad demise of the CFTC Commission under Chairman Behnam makes the TLD Biden admin look almost competent by comparison - and that’s an ongoing disaster.